Danielle Felder
Should I Sell My Home and Rent???
I purchased a 4 bed, 4 bath 2100 sq. ft. home in Oct. 2017 ($298k...Allen, TX). Since then, I have had a couple life changes (grown daughter moved out and broke off my relationship). I am now paying $2300 (w/HOA) per ...
Mark Brogan
this is why you do NOT just put houses under contract
I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
David Marciano
Complicated Situation
I have an odd and complex situation I need help with. I have a home that has been in my families possession since 1920's maybe longer. It has no mortgage on it. The deed is in my grandfathers name. It states his fu...
Nathan Gesner
Squatter Shot and Killed by Police
Another avoidable situation. This woman squatted for a year and it was NOT related to COVID in any way, yet they couldn't evict her. When they finally do, she's apparently gained a sense of established entitlement (wh...
Jen Faulkner
Use your rental as a fundraiser?
How would you respond to a request to use your rental for a fundraiser? I don't feel like it would really benefit me to do this. My name on a banner probably wouldn't get much attention. Our rentals are in Branson,...
Joe Delia
Got this regarding a Tenant who skipped town to Texas, any advice?
Joe,
Bad news – Texas has a law that I was not aware of that prohibits wage garnishments. Please see the attached.
I’ve done a little research, and this seems to be a bad law, or at least a bad interpr...
Steve Karpinski
Property Manager Job
I have an opportunity to take a job at a residential property management company at a lower position but they told me after one year if I pass the test I can move up and become a property manager. I am curious what th...
Anthony Phillips
First Brrrr property breakdown. NEED some advice!!!!
So I just completed my first Brrrr.
Purchased house- $235k
Rehab-15k
Appraised value- 325k
Currently rent- $1,950
Mortgage- $1,681
Cashed out $250,000
So
I think I did a pretty good job for my first brrrr t...
Glenn McCrorey
What do Flippers do with the profits?
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Mike Wallace
Just picked up a Condo for $14k
700 sqft 2 bed 1 bath, full unfinished basement.
Needs new water heater, furnace, central out unit, new carpet.
Everything else seems to be in great condition.
Under 4k in updates to get it rent r...